NZLife. needs calculator - Critical Illness

Needs Calculators

Life and/or Accident
Critical Illness
Permanent Disablement
Income Protection

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This calculates how much critical illness insurance you may need to safeguard your families future.

Fill in the fields indicated with the arrow and click on Enter - .

The example is provided only as a guide.

Possible Immediate and Ongoing Expenses on Illness		Example
Medical costs (not covered by Medical Insurance)	$	$5000
Extra support costs (accomodation, nursing, travel etc)	$	$5000
Overdraft, Personal loans, Credit cards, Store cards, HP	$	$5000
Outstanding Tax, GST.	$	$5000
Mortgage payments whilst not working (suggest min 12 mths)	$	$24000
Other (including childrens education, weddings etc)	$	$30000
Total expenses (sum)	$	$74000
Required Family Income
How much does your family need from you to live on each month	$	$4000
How long does your family need financial support (months)		12
Total Required Family Income		$48000
Realisable Assets
Cash, Savings, Investments	$	$2000
Existing Critical Illness Insurance (Do not enter if this is to replaced by this application)	$	$0
Total Realisable Assets	$	$2000
Minimum Total Critical Illness Insurance suggested	$	$120000

Note:

The maximum Critical Illness cover available through NZLife. is $300,000.
If you need more cover obtain a quote through www.adviser.co.nz or contact us.

Click for more information on Critical Illness Insurance

Disclaimer:

This calculator is designed to estimate what lump sum amount you may need for a critical illness.

Availability of insurance cover is subject to acceptance and approval of a completed application.
This calculator does not constitute an offer of insurance.

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